Personal Consumption Expenditures Price Index (PCE Price Index)
The Personal Consumption Expenditures Price Index (PCE Price Index) is a chain-weighted price index published by the U.S. Bureau of Economic Analysis that tracks changes in the prices of goods and services purchased by households, providing a broad measure of inflation.
Example: In its monthly release, economists cited changes in the PCE Price Index to assess whether inflation pressures were broadening beyond energy prices.
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